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26 February 2024 | 11 replies
**Tourism Trends and Market Expansion:**Tulum's appeal extends beyond its beaches, with attractions like archeological sites, cenotes, and the multicolored lagoons of Nopalitos, Kan Lum, and Bacalar gaining attention as well as good food, good year-round weather, and kind & polite people.
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24 February 2024 | 20 replies
Rounding out the top 10 of affordable homeownership cities were Flint, Michigan; Toledo, Ohio; Detroit; Akron, Ohio; Warren, Michigan; Pittsburgh; Yuma, Arizona; Springfield, Illinois; and Palm Bay, Florida.
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23 February 2024 | 3 replies
Obviously I've rounded the edges of the process and simplified it a fair amount, but you get the gist.
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23 February 2024 | 9 replies
I like the idea of it being a very Red state, nature activities all year round and I think that areas like this are scare and will continue to appreciate if they continue to keep their beauty and policies.
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23 February 2024 | 3 replies
Your approach to calculating the maximum construction size within a specified budget is enlightening.Based on your figures, I've noted the project budget as follows: Land Acquisition: $8,000 Utilities and Tap Fees: $7,000 Engineering, Building Permits, and Architect Fees: $5,000 Construction Cost: $180,000 (at $160 per square foot for up to 1,125 square feet) Total Project Cost: $200,000This budget underscores the critical importance of efficient cost management, especially in balancing project size and quality within the financial limits.Considering my project will be situated in New England, where costs tend to be higher, I've adjusted the budget to reflect a 40% increase in utilities, tap fees, engineering, building permits, and architect fees relative to the costs you've outlined for Ohio.
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23 February 2024 | 6 replies
Don't use your own money -- start with bird/dogging or wholesaling to get your feet wet.
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23 February 2024 | 10 replies
6.3 feet is huge amount.
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23 February 2024 | 2 replies
I am new to both of these topics but am eager to jump feet first and learn what I can in order to grow personally and financially.
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23 February 2024 | 5 replies
Hi Rose- Few things to note about buying an investment property.1) Expect to be putting down 25%, as this is most lender's required downpayment on "investment" properties.2) You likely won't be cashflow positive unless you are putting >50% down, OR are buying in a C-class or worse neighborhood.3) Starting out with a condo or townhouse could be a great idea if you're just looking to get your feet wet with landlording- It is less maintenance than SFH or MFH, and you will gain invaluable experience managing a tenant.Aside from the financial challenges, I think it's great that you have the mindset to grow your portfolio.